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DEC

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The main users of Chinawhy are small business, who either don't have enough resources or don't have enough money to conduct a pre-transaction verification on potential suppliers. Search Ask Steven forum and Alibaba forum, we will see that a lot of scams and disputes could have been avoided if we could have some general ideas and knowledge on how to verify a China-based company. Based on our years experience on company verification, we would like to share the following tips with our fellow users while emphasizing the need and importance for official company verification(include site visit and check with local Administration of Industry and Commerce) if your purchasing value is relatively big.

Company Verification Tips

1) Always send money to business account instead of personal account
Unlike other countries, China introduce strict regulation on company formation, so if we can verify a company is real, then it is relatively safe to trade with them. Every companies in China should have a business account or company account if they are real and legit. Company account is the most important indicator to judge whether a company is real or not.

Some may ask what is company account and what is personal account and what is the difference? Good question. I will give you an example to show you the difference.

Just check if the beneficiary name is a person or a company, so that is pretty easy. All the companies should have a RMB company account, while those export-oriented company should have a multi-currency company account to receive foreign currencies. Export-oriented company means those companies who have applied and been approved the right of import and export.

These days I have been helping an American customer sourcing for electronics, the following story is a good example on how to tell the fake company out of real company by insisting on paying to company account only. When my customer give me the company info of the potential supplier, I am not sure if they are real company or not if I don’t verify them properly, so I use this trick, I ask my customer to insist on paying to company account instead of personal account, the supplier respond that they are small company so don’t have company account, it is a lie, every company should have company account since it is formatted, and I instruct my customer to ask them for their RMB company account and said we will pay through our agent in china to their RMB company account, then the supplier say they have the RMB company account, no problem. But later they say that the tax is very high so they use personal account instead of company account. Good excuse. Actually many private company do use personal account to avoid tax. But in this case, I want my customer to push on to see if they have a company account, by which to check if they are a real company. So my customer ask how much is the tax? And he could cover the tax for trial order. The supplier said 30%, and I by then can tell he is not a company, but a individual, a liar. Normally the tax is about 4%, if you want a VAT invoice, they will add 17%.

Chinawhy have verified more than 2000 companies since 2006, our company verification servicecovers most part of Mainland China. For detailed information, please call us on 0086 451 8333 0781 or email us at support@chinawhy.net, or simply place your order at here.

92
Responses to "
Tips on China company verification part 1
"

Poerkan Imp. & Exp. Co., Ltd. I send 67.63$ for the medicine from Western union.now they are not replying me I request to china police plz stop these people and close this site because china is insulting in the world.Regard Aleem Shah

Admin on
AUG
13th
, 2013 23:15 PM

Thanks for sharing the story, Aleem

Arvind on
JUL
15th
, 2013 14:21 PM

Is it a ligitimate website and company.They say that it is 10 year old company, also they provided me their License picture.

Their registration number says: 310104263025154.

Their company name Jiangsu occideng Trade Co.,Ltd. with their website link http://occideng.com/.

Please let me know soon.Thank you

Admin on
JUL
21th
, 2013 22:26 PM

Dear Arvind,

Thanks for your comment. Please send the following information of supplier:1) business license2) bank account information

We will then make a brief check to see if they are legitimate.

Regards,Steven

Mike Moore on
JUN
5th
, 2013 8:49 AM

How do I go about verifying wholesale supply companies in China?I would like to investigate:teshunelectronic.comeast-gold.comhkwinsum.comguji-manufactory.comwell-electech.comProducts of interest: Apple & famous-brand laptyops, tablets, phone, storageMany thanks

mahendra on
JUN
4th
, 2013 3:6 AM

Sub: - Credential Verification of Chinese companyDear SirKindly advice & help us about the following supplier from china for doing businesswe have received sample and price quotation from china food ingredient supplierWe are planning to purchase from them very big quantity of the food ingredient.They are asking for the advance payment & not giving the product manufacture name.Thanks and best regards

I have 2 months ago placing an order with www.oweiye.com for 800 eurosI even got a tracking codebut I can not find her name JiangSu_oweiye@hotmail.comI send mails without successdo I get my things

pls help my!

Admin on
APR
21th
, 2013 19:38 PM

Dear Noura,

This is typically a scam story.

If pay to their hongkong offshore company account, report it to Hongkong police, they are very responsible, so there is chance to get the money back. If you pay to their personal account, you should report to Chinese police, for this amount, I suspect the police will take any action.

It is a costly lesson to be learned.

Regards,Chinawhy Team

Nice Mulina on
APR
13th
, 2013 19:6 PM

Thanks for the information. I am from Papua New Guinea trying purchase goods from China Company Call Sun Power. Please advice.

Admin on
APR
15th
, 2013 6:37 AM

Dear Nice,

Please send full information of the company to support@chinawhy.net.

Steven

ali on
MAR
23th
, 2013 3:14 AM

hi pls can you check for me this company ? if it is trust or worth ,real or fake .Sales Manager : Ms.Ally

Dear author, I am sourcing my products from Shenzhen Buddy Technology Co. Ltd,website: szxp88.comThey have provided business bank account and they have delivered my first~small order.Seems to me that they might be a legitimate company however, when I have asked them for DUNS number they couldnt provide me with one. I have concerns now, because I have been told that every chinese company has to have this number...?

May I ask you for favour to check this company for me as I hope to establish long term relationship with them? could I ask you for advisory on golanskipawel@tabacus.co.uk, www.Tabacus.co.uk

Thank you, very much

Abed on
MAR
8th
, 2013 11:59 AM

I would have a small business with this company, (Tianjin Shirun Intl Trade Co., Ltd.) in Nankai district, Tianjin, china. how I can know this company is really existing or just a fake one. What is the policy in China? Please I need your adviceBest regards,

Kelsger Electronic Co Ltd is web site not valid also www.kelsger.cn and www.kelsger.com and www.szksj.com.cn all seems that company also i get email China Shante science&technology Co.Ltd and they sell that products but price list all so little means never cost that price and pls be carefully before buy ask china company control service www.cr.gov.hk or www.fdi.gov.cn

Amer on
DEC
10st
, 2012 3:5 AM

Hi, I wants to know whether this company is the original or its a scam..? can you please, help and mail to me, if you know about it.. Below are the details of that company:Lionfly Tech (HK) International Group Co.,LimitedFlat C6,24/F,Block C,Zhong Hang Bei Yuan Building,Zhen Hua Road,Futian District,Shenzhen 518107;Website:http://www.lionfly.com.hk/index.aspThank you in advance

Hi , ty from the beggining , I 'd like to trade with the following company : papyy.com . Is it legimate and legal , or not ? If no ca you suggest me one by the same trade oriantation ?

Nam Nguyen on
NOV
26th
, 2012 2:42 AM

I want to know if this is a real company or a scam. There name Zhengzhou Honor Toy Trade FirmT: 86 0371 56756610 | F: 86 0371 63972922 | M: 18037107677.Can you help thanks. I want to buy some products from this company

noah on
NOV
25th
, 2012 2:4 AM

can u check on this website if it legit and i can buy something from it for christmas

please reply soon

noah on
NOV
25th
, 2012 2:2 AM

i wanna buy somthing here but its normal price is 329 pounds and i wanna buy it for 105 pounds. could you check if this company is real or fake.

please help me with this company. I want to know all the details of company, persons involved, MD of the company, any contact detail.

Its really urgent for me as this company has made a fraud to us.

Lhyzet on
OCT
26th
, 2012 9:1 AM

Hi,

It is my first time to buy online just starting a small business and would like to verify the supplier if it is legitimate cant afford to loose some money as I have mentioned I'm just starting. Can you help me verify if this is a legitimate company?

Registration No.:440306105795569Date of Issue:2004-08-25Date of Expiry:2024-08-25

Hope to hear from you soon.

thank you!

ANGIE NANAK on
OCT
26th
, 2012 7:43 AM

hi can you check this company out for me ,can i deal with them.FIRS TECHNOLOGIES [SHENZHEN] CO.,LTDTHE 12 FLOOR AREA A HONGSONG BUILDING,TAIRAN 9TH RDCHEGONGMIAO,FUTIAN DISTRICT, SHENZHEN, CHINA

Marcin on
OCT
19th
, 2012 6:12 AM

I wants to know whether this company is the original or its a scam..? can you please mail to me, if you know about it. Below are the details of that company.Ruian Canyu Trading Co., Ltd. No. 23, South Road, Shuangqiao Industrial Zone, Tangxia Town, Rui'an, Wenzhou, Zhejiang, China (Mainland)Telephone: 0577-66091567 Fax:0577-66070987 Website:http://www.china-canyu.com Website on alibaba.com: http://canyutrading.en.alibaba.com

GEORGE DEMETRIADES on
SEP
26th
, 2012 7:45 AM

Hi there,

could you please tell me if this company is OK to start bussiness with.

Jiaxing how sport medical instrument co ltd.

Lookign forward to hear from you

Thnx George

Azad on
SEP
26th
, 2012 2:14 AM

Dear Sirs,Can you pls advise us to the below metioned companies, as we palnning to buy bulk from them:1. www.szshengyun.com2. www.satisfied100.com3. http://www.szxinruikang.com

theit price not cheap but not expensive, we have got even from one sample and all details fo company (not name), so your hepl will be very good to us

COULD YOU PLEASE CONFIRM IF THE ABOVE WEBSITE IS ORIGINAL AND GENUINE AS THEY CLAIM TO SELL CHEAP AND ORIGINAL ELECTRONICS.THEY ARE BASED IN CHINA - WANJIN ROAD, FENGTAI AREA.NINGBO. 315111THANKS FOR YOUR HELP.

Hi there, I am looking to buy a float from the company below but am worried about it being a scam as the price is half of what it would be over here. could you kindly check up this company and tell me your professional opinion. I would also like to hear from anyone who has purchased from this company you can email me at TaylorPA@y7mail.comthanks heaps.

hi, i want to know that the bellow information about a company is true and can i trust them for bussiness? Mrs.Lily Wong, Personal Assistance to theFENGSHENG ELECTRONIC Co.,LTDcontact personRuby Liu Email: fs-trade@vip.163.com

Best RegardsRavi

omar on
MAY
15th
, 2012 14:4 PM

Hi, Hangzhou Pushi Industrial Co., Ltd. Is this company legit? omar

toby on
APR
21th
, 2012 6:39 AM

hi can anyone tell me if the company www.branchhong.com is a scamwangdaiphone@hotmail.com thank you

Lina Jaramillo on
APR
9th
, 2012 6:34 AM

Good morning,

My name is Lina Jaramillo account executive for raw materials at L.O Trading Corp. Our chinese purchases have been increasing in the last year but we do not have an agent there that could verify all of our suppliers. I'd like to know what systems can we use to check them and in this particular case, if the following company is legit and has good references. Can you help me?

I am a victim of fraud. the seller has an account at Bank of China Branch. How do I identify it. Best regards;

Manoel (Brasil)

Dear friend,

Thanks for fast replyIt's ok you can order two pcs of d7000 camera with lens first. so the total price for two sets of them are $400 USD in total Yes we have the Dr. Dre headphones orange ,and the price is $45 usd per onePayment before shipping is our policy, when we get your payments we will ship your products at once, and give you the tracking number to you.Our payment details are belowed:

Once you made the payments, please send the bank receipt to us ,so that we can check and start to ship your productsAt the same time, please send your shipping address to us ,this is the most importantWe are looking forward to do bussiness with you for long timeWaitting for your timey answer

Best regards

Abiola Denis on
FEB
28th
, 2012 5:35 AM

Hi please can you tell me if this company is genuine or fake. They but i no they are fake company.They gave me price of phone and i sent money to them they now gave me fake tracking no since 7th of February 2012 after receiving the money which i sent to the account by bank transfer.Since that day they refused to reply my mail.This is the details of the FAKE COMPANY IN CHINA BEWARE

I would like to purchase products from them, I wish you could help me to be in good hands and have a great business deal with an authentic companies. Thank you very much and God bless!

Sincerely,Michael dela CuestaProprietorManila, Philippines

tefal walid on
FEB
7th
, 2012 12:17 AM

Dear Sir

How are you?

We write you this letter in order to start serious loge term business with these companies and manufacturer is below:

Please sir check these manufacturer and import export companies list blow are in very good solvency and reputation in your country that we can start dealing with them or they are not in very good solvency and reputation?

1-Shenzhen Genrui Tech.Co.,Ltd.

The company have two companies. One is Chinese company for Chinese business, the registration number is 440301103106142.The other main for foreign trade The registration number is 440301105639291.

I've got invoice from company and in payment instruction is different company account name as company on invoice... It is correct ?

tilak on
APR
19th
, 2011 6:59 AM

hello, im frm india i got an adress frm china electronics company samway professional audio No.6 Xiaoping Industrial area, Shijing Town, Baiyun Zone, Guangzhou City, China.0086-20-26290472 is this company is true or fraudh can any one help me plz

A few chinese company send me a mail, and they offer electronics very cheap.Can you tell me if they are real?www.szqiren.comwww.szcityshop.com

Thanks a lot

Dobrin Nedev on
FEB
15th
, 2011 20:38 PM

I found a company to sell very cheap electronics in China Company name :Luangraf trading limited company Website: www.Luangraftrade.comAddress: NO.24chaoyang,newhu road,nanningTel : 086-0132350-88452Zip code: 530022Eail or msn :Luangraftrade@hotmail.com

Can somebody sey of that a realy company is or a fraude company to cheat a lot of people???Is adress realy ?Thanks of lot.

I await for answer,

Best regards,Dobrin

Mohsen on
DEC
31th
, 2010 22:2 PM

hi,i want to know that the bellow information about a company is true and can i trust them for bussiness?Mrs.Lily Wong,Personal Assistance to the ManagerChina Global Security And Finance Company.# 207 Wangfujing Street,Dongcheng District,Beijing,China.Tel:00-86-1-65080755/13524104061. please reply me by this mail:mohsen_mos2000@yahoo.com

TeL:(086.595)22265955TeL:(086.595)22221830Owner of this Company :- LIN LIMING

Kai on
JUN
19th
, 2010 17:59 PM

Yes this company is a fake and dangerous peoples in their practices.www.usb2010.com

after we have discover their fraude and copies products for high tech and that they sale as original products and offer very very unreal low cost.... then the girl name is JANET threated me and injured me and said she will find me and will send her friends to me...Email/MSN:avstar-trade @hotmail.com

so becareful about this company who is a real scam :) classic in China for such scam company!thanks to publish this company and email to a maximum sites like Alibaba and others sites you know! also when you see the name of their website with year 2010 written you can see that it is a scam because it is not intelligent from this fake company to write in his website 2010 like it is new website promotion for cients to be cheated :)

best regards.

Abe on
JUN
18th
, 2010 23:57 PM

is this company real, can I work with themhttp://www.dxlaser.cn/trustpass_profile.htmlI'm not sure can someone help me

Iurii Datsiuk on
JUN
15th
, 2010 2:4 AM

Please, is this company real, can I work with them 1. www.heenmas.com2.www.eyetronicc.com3.www.usb2010.com4.kingcorp-one.comThank you

zeeshan sarwar on
JUN
8th
, 2010 22:30 PM

hi please can you check http://www.usb2010.com or http://www.heenmas.com are genuine companies or not ?thanks waiting for your comments

nick wendell on
APR
3th
, 2010 13:40 PM

I was wanting to know if this is a real company or a scam. There name is lemo technology there CR certificate of Incorporation # is 1354031.Can you help thanks.They are trying to sell me mini netbooks.

vrajesh shah on
APR
2th
, 2010 2:27 AM

please send me the deiales of Qihuanfu Trade Co., Ltd. from No. 367,liba Place, Huanshi Dong Lu, Fenghan District, Quanzhou,China i want to buy some goods from him is the safe to send him payment of that

vladimir on
MAR
23th
, 2010 23:15 PM

CAN CHECK UP THIS SITE

Victor on
MAR
2th
, 2010 20:36 PM

Thanks a lot for your information. You have been very helpful. I want to buy mobile phones from china.Can you please help me check if these companies are real or fake:Company: Qihuanfu Trade Co., Ltd.TEl: 086- 1520-595 0464Address: No. 367,liba Place, Huanshi Dong Lu, Fenghan District, Quanzhou,China

Thanks for alot for providing such most usefull information to new beginners.It is highly apprecialble and I salute to yoiur work,

Jo on
JAN
10st
, 2010 10:39 AM

Hi,How do I determine a freight company is athentic or not? Also shipment forwarder company athentication is required. Most of them offer services but no site or proper location. How can I verify if my goods are shipped to me or being stolen in a clever way?Thanks,Jo

KK Wang on
NOV
3th
, 2009 10:8 AM

Hi it's very good of you to explain it so clearly, we are a provite team doing quality inspection in China, we have no formal company registrtion yet but soon we will, we are doing good inspection job for our customers. You are also welcome to contact us for inspectionin China.

http://kkwang.blogsome.com

mubarak on
OCT
25th
, 2009 4:10 AM

please i want to know if these company is real or fake golden wise electronics co ltd in china www.gloden-wise.com or topgrand.cn they said they are gold suppliers on ali baba

nambirajan on
OCT
4th
, 2009 0:21 AM

I wants to know whether this company is the original or its a scam..? can you please mail to me, if you know about it.. Below are the details of that company.